Secure Data Room Review

Secure Data Room Review

Virtual Data Rooms, or VDRs are a particular kind of online collaboration and file storage platform specifically designed for safe sharing of confidential business documents. They are often utilized in M&A, IPOs, due diligence and real estate asset lifecycle management capital raising, and other projects that require secure storing, managing and sharing of business-critical files with external third party. The most reliable VDR providers offer a range of features that reduce the possibility of sensitive data leaks to undesirable third parties.

A secure VDR should be impenetrable by non-authorized users and include features like granular permissions as well as click trails to prevent accidental disclosure of private data. They are susceptible to human error and need the correct training to ensure safe and effective VDR use.

If your VDR has bank-grade security but is still susceptible to 71% of common attack vectors that are based on human error, then it is not providing much protection. For instance, most users are using a screen-grabbing program on their personal computer whether it’s Snag-it, Paint or the Windows Snipping Tool – these applications can create screenshots of documents within your VDR and reveal confidential content to unauthorized users. Verify that the VDR solution you’re using has a robust security system to stop users from sharing login credentials. There is no limit on how many times the same user can log to and out of your VDR, meaning that anyone could access your files 30 times.

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